MKC logo McCormick & Company, Incorporated +
Ticker
MKC
Headquarter
Hunt Valley ,MD
US
CEO
Mr. Brendan M. Foley
Industry
Packaged Foods
Stock Price
Stock Price
Market Cap
$20.19 B
Employees
Years
  • 2022
  • 2023
  • 2024
Employees
  • 14.20 K
  • 13.80 K
  • 14.10 K
Y/Y
1.43%
2.82%
2.17%
Revenue Per Employee
Years
  • 2022
  • 2023
  • 2024
Revenue Per Employee
  • $447.22 K
  • $482.77 K
  • $476.86 K
Y/Y
0.9%
7.95%
1.22%
Net Income Per Employee
Years
  • 2022
  • 2023
  • 2024
Net Income Per Employee
  • $48.03 K
  • $49.32 K
  • $55.92 K
Y/Y
10.98%
2.69%
13.39%

Income Statement

Revenue
Years
  • 2022
  • 2023
  • 2024
Revenue
  • $6.35 B
  • $6.66 B
  • $6.72 B
Y/Y
0.52%
4.91%
0.92%
Revenue by Products / Services
Revenue by Geography
Research and Development
Years
  • 2022
  • 2023
  • 2024
Research and Development
  • -
  • -
  • -
Y/Y
0%
0%
0%
Operating Income
Years
  • 2022
  • 2023
  • 2024
Operating Income
  • $863.60 M
  • $963.00 M
  • $1.06 B
Y/Y
14.92%
11.51%
10.1%
Tax Rate (%)
Years
  • 2022
  • 2023
  • 2024
Tax Rate (%)
  • 21.00%
  • 22.00%
  • 20.00%
Y/Y
3.58%
5.35%
6.27%
Net Income
Years
  • 2022
  • 2023
  • 2024
Net Income
  • $682.00 M
  • $680.60 M
  • $788.50 M
Y/Y
9.7%
0.21%
15.85%

Assets & Liabilities | Cash Flow

Total Assets
Years
  • 2022
  • 2023
  • 2024
Total Assets
  • $13.12 B
  • $12.86 B
  • $13.07 B
Y/Y
1.7%
2%
1.62%
Total Liabilities
Years
  • 2022
  • 2023
  • 2024
Total Liabilities
  • $8.43 B
  • $7.78 B
  • $7.75 B
Y/Y
0.64%
7.68%
0.33%
Capital Expenditures (Capex)
Years
  • 2022
  • 2023
  • 2024
Capital Expenditures (Capex)
  • -$262.00 M
  • -$263.90 M
  • -
Y/Y
5.76%
0.73%
100%

Profitability

Operating Income Margin (%)
Years
  • 2022
  • 2023
  • 2024
Operating Income Margin (%)
  • 13.60%
  • 14.45%
  • 15.77%
Y/Y
15.37%
6.25%
9.13%
Net Income Margin (%)
Years
  • 2022
  • 2023
  • 2024
Net Income Margin (%)
  • 10.74%
  • 10.22%
  • 11.73%
Y/Y
10.13%
4.84%
14.77%
EBITDA
Years
  • 2022
  • 2023
  • 2024
EBITDA
  • $1.16 B
  • $1.21 B
  • $1.32 B
Y/Y
4.61%
3.76%
9.14%
Free Cash Flow (FCF)
Years
  • 2022
  • 2023
  • 2024
Free Cash Flow (FCF)
  • $389.50 M
  • $973.40 M
  • $921.90 M
Y/Y
29.22%
149.91%
5.29%

Ratios

Return on Equity (ROE)
Years
  • 2022
  • 2023
  • 2024
Return on Equity (ROE)
  • 14.57%
  • 13.45%
  • 14.90%
Y/Y
14.89%
7.69%
10.78%
Return on Assets (ROA)
Years
  • 2022
  • 2023
  • 2024
Return on Assets (ROA)
  • 5.20%
  • 5.29%
  • 6.03%
Y/Y
11.11%
1.73%
13.99%
Debt to Equity
Years
  • 2022
  • 2023
  • 2024
Debt to Equity
  • 113.78%
  • 90.72%
  • 85.21%
Y/Y
6.87%
20.27%
6.07%

Valuation

Enterprise Value
Years
  • 2022
  • 2023
  • 2024
Enterprise value
  • $27.84 B
  • $21.83 B
  • $25.38 B
Y/Y
0.5%
21.6%
16.27%
Enterprise value to Revenue
Years
  • 2022
  • 2023
  • 2024
Enterprise value to Revenue
  • 4.38
  • 3.28
  • 3.77
Y/Y
1.01%
25.26%
15.2%
Enterprise value to EBITDA
Years
  • 2022
  • 2023
  • 2024
Enterprise value to EBITDA
  • 23.95
  • 18.09
  • 19.28
Y/Y
4.31%
24.44%
6.53%